Ukraine boost budget for road repairs

The Ukraine is boosting its road repair budget for 2018. For 2017 the Ukraine set a budget of US$648 million for road repairs and maintenance work. However for 2018, a budget of $1.41 billion is being set. This increased budget is being enabled by the newly established Road Fund system, which places taxes on fuel, vehicle imports, goods vehicles and road concessions. In addition, 2018 will see a change in the responsibility for road maintenance to over 120,000 links, which will be handled by regional manage
September 26, 2017 Read time: 1 min

The Ukraine is boosting its road repair budget for 2018. For 2017 the Ukraine set a budget of US$648 million for road repairs and maintenance work. However for 2018, a budget of $1.41 billion is being set. This increased budget is being enabled by the newly established Road Fund system, which places taxes on fuel, vehicle imports, goods vehicles and road concessions. In addition, 2018 will see a change in the responsibility for road maintenance to over 120,000 links, which will be handled by regional management.

Finance & Funding

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